Justification by grace

God demanded of Christ the payment for the sins of all his people; Christ stood forward, and to the utmost farthing paid whate’er his people owed. The sacrifice of Calvary was not a part payment; it was not a partial exoneration, it was a complete and perfect payment, and it obtained a complete and perfect remission of all the debts of all believers that have lived, do live, or shall live, to the very end of time. On that day when Christ hung on the cross, he did not leave a single farthing for us to pay as a satisfaction to God. The whole of the demands of the law were paid down there and then by Jehovah Jesus, the great high priest of all his people. And blessed be his name, he paid it all at once too. So priceless was the ransom, so princely and generous was the price demanded for our souls, one might have thought it would have been marvellous if Christ had paid it by instalments; some of it now, and some of it then. Kings’ ransoms have sometimes been paid part at once, and part in dues afterwards, to run through years. But not so our Saviour: once for all he gave himself a sacrifice; at once he counted down the price, and said, “It is finished,” leaving nothing for him to do, nor for us to accomplish. He did not drivel out a part-payment, and then declare that he would come again to die, or that he would again suffer, or that he would again obey; but down upon the nail, to the utmost farthing, the ransom of all people was paid, and a full receipt given to them, and Christ nailed that receipt to his cross.

For meditation: Those who attempt to complete or repeat a finished piece of work insult its maker and render it useless to themselves (Galatians 5:2).

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